Category: Investments

The African Development Bank Group, will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world. Bank Group President, Dr Akinwumi Adesina, announced Wednesday at the Dakar 2 Africa Food Summit in Diamniadio, east of the Senegalese capital of Dakar. Adesina called on… Read More

In partnership with the African Development Bank, the Nordic Development Fund (NDF) has announced a significant increase in its financial support to African countries and rapidly growing cities that bear the brunt of the impact of climate change and poverty. The latest contribution of 10 million Euros will go to the Urban and Municipal Development Fund (UMDF), a thematic multi-donor… Read More

From left to right: Mr Tarek Chaouech, MD, GIPAC; Mr Mohammed Nadri, MD, COCEBLE; Mr Chiheb Slama, MD, Slama Huiles ; Mr Hichem Mami, MD, Chahia ; Mr Abdelaziz Makhloufi, MD, CHO; Mr Mohamed Chikhaoui, MD, Poulina Group Holding ;, Dr Ines Taktak, Director, GIPAC; Mr Mohammed El Azizi, African development Bank; Mr Rafaa Marouki, African Development Bank; Mr Abdessalem… Read More

Swiss ambassadors meeting in the Ivorian commercial capital Abidjan invited a senior management team from the African Development Bank Group to exchange views on development and cooperation. The envoys held a working luncheon, hosted by the Swiss assistant state secretary for Sub-Saharan Africa, Siri Walt, on Friday 20 January. Ambassador Walt is the head of the Africa Division at the… Read More

By 2050, the number of people living in African cities is expected to double from about 600 million to 1.2 billion, representing the most rapid rate of urbanisation in the world. This poses significant development challenges, which will require innovative, African-led solutions. In rousing remarks to the mayors of 15 African cities gathered for the inaugural forum of the African… Read More

Good evening, everyone. I am delighted to be with you all. I see several faces that I know in this hall and many that I will be meeting tonight for the first time. There is no better way to meet than to be where with you discussing issues that affect our continent, and in the case of my speech to… Read More

(Korofto, Adama District, Ethiopia) If the shrill sounds of policemen’s whistles echoing across Ethiopia’s Awash River Valley do not seem out of place, the crack of whips in the air will have some visitors to these irrigated wheat fields wondering what is going on at this patch of remote farm cooperative. A short walk through the thigh-high wheat stalks reveals… Read More

The African Development Bank Group’s Acting Chief Economist and Vice President for Economic Governance and Knowledge Management, Professor Kevin Chika Urama, shares his thoughts on the inaugural Africa’s Macroeconomic Performance and Outlook report, released on Thursday 19 January. The new biannual publication aims to provide African policymakers, global investors, researchers, and other development partners with an incisive, timely, evidence-based evaluation… Read More

I am pleased to welcome you all to the official launch of this maiden edition of the African Development Bank’s report on Africa’s Macroeconomic Performance and Outlook 2023.  I commend the Bank’s Economic Governance and Knowledge Management Complex for the continued efforts to provide sound and evidence-based economic intelligence to inform the much-needed structural transformation across African economies as… Read More

Le Fonds africain de développement a approuvé le 22 novembre 2022, à Abidjan, un don de 3,58 millions de dollars (2,8 millions d’unités de compte) pour mettre en œuvre le projet « Étude intégrée des infrastructures urbaines et de l’adaptation climatique dans la ville de Djibouti ». Outre le Fonds africain de développement, le projet sera cofinancé par le Fonds de développement… Read More